The U.S. Senate may vote as early as today on a House measure extending tax cuts that are expiring at year’s end for family incomes up to 250-thousand dollars.
Yesterday, the House passed an extension of Bush-era tax cuts for the lower and middle classes. The vote would let tax cuts for the rich expire. The measure is expected to go nowhere when it gets to the Senate, where Republican have enough votes to block it. Congressional aides said despite the likely defeat in the Senate, Majority Leader Harry Reid may hold a vote on the House measure today.
To learn more, KXNT Morning News spoke to CBS News Correspondent Bob Fuss.